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Tsuburaya Fields Holdings (TSE:2767) Interest Coverage : 64.13 (As of Sep. 2024)


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What is Tsuburaya Fields Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Tsuburaya Fields Holdings's Operating Income for the three months ended in Sep. 2024 was 円1,539 Mil. Tsuburaya Fields Holdings's Interest Expense for the three months ended in Sep. 2024 was 円-24 Mil. Tsuburaya Fields Holdings's interest coverage for the quarter that ended in Sep. 2024 was 64.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tsuburaya Fields Holdings's Interest Coverage or its related term are showing as below:

TSE:2767' s Interest Coverage Range Over the Past 10 Years
Min: 12.2   Med: 92.93   Max: 397
Current: 152.25


TSE:2767's Interest Coverage is ranked better than
87.14% of 591 companies
in the Travel & Leisure industry
Industry Median: 4.72 vs TSE:2767: 152.25

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Tsuburaya Fields Holdings Interest Coverage Historical Data

The historical data trend for Tsuburaya Fields Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Tsuburaya Fields Holdings Interest Coverage Chart

Tsuburaya Fields Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.20 - 44.81 138.66 210.84

Tsuburaya Fields Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 238.21 497.14 - 148.18 64.13

Competitive Comparison of Tsuburaya Fields Holdings's Interest Coverage

For the Gambling subindustry, Tsuburaya Fields Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsuburaya Fields Holdings's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsuburaya Fields Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tsuburaya Fields Holdings's Interest Coverage falls into.



Tsuburaya Fields Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tsuburaya Fields Holdings's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Tsuburaya Fields Holdings's Interest Expense was 円-56 Mil. Its Operating Income was 円11,807 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,503 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*11807/-56
=210.84

Tsuburaya Fields Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Tsuburaya Fields Holdings's Interest Expense was 円-24 Mil. Its Operating Income was 円1,539 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,956 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1539/-24
=64.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Tsuburaya Fields Holdings  (TSE:2767) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Tsuburaya Fields Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tsuburaya Fields Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsuburaya Fields Holdings Business Description

Traded in Other Exchanges
N/A
Address
16-17 Nampeidai-cho, Shibuya-ku, Shibuya Garden Tower, Tokyo, JPN, 150-0036
Tsuburaya Fields Holdings Inc formelry, Field Corp is a Japanese company which primarily develops and distributes gaming machines. The company designs, develops, sells, and maintains Pachinko and Pachislot gaming machines and software. In addition to its core gaming machine business, the company produces, licenses, and merchandises comics, movies, and interactive media content. Field Corp organises itself into four segments: comics, animation, movies/TV, and merchandising. The company is headquartered in Japan and generates all revenue domestically.

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